India: JSW to auction over 195,000 t of iron ore lumps from Odisha

JSW Steel Ltd. has scheduled an auction for 197,500 t of iron ore CLO (10-40 mm, Fe 62%) from its Nuagaon mines in Odisha on 15 Apr’24. The floor price has been set at INR 5,400/t ex-mines/plot basis and inclusive of royalty, DMF and NMET. In the last auction on 3 Apr, 3,950 t of CLO (10-40 mm, Fe 62%) was booked at the base price of INR 5,400/t.